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Let, monthly income of person is Rs. x So, 0.77 × 0.44 × x = 1694 So, x = 5000 Amount spent on food = 0.23 × 5000 = Rs. 1150
Which of the following is NOT one of the biases in decision making?
Which of the following will not be part of Rational decision making?
Decision making is ____________
Which of the following style of decision-making is likely to conflict with bounded rationality theory?
A phenomenon in which decision is taken by a group that conforms to majority opinion to maintain group harmony, is known as ____________
Which of the following is not a quantitative technique of decision making?
An employee forgoes promotion to avoid transfer to another city. This is a type of ________
Which of the following style of decision-making focuses on long term?
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
_____________ refer to decisions that employees make each day to make the organization run.
